Thursday 25 April 2013


Multi Currency  In Sales force 

Salesforce is the only online CRM solution designed from the ground up to support global organizations. It provides advanced multi-currency support for Opportunity Management, Forecasting, and Reporting. Using this capability, each international division can track, forecast, and report on opportunities in local currencies, while providing company-wide reporting and forecasting in a single common currency.

Key Terms

Corporate Currency
The currency in which your organization’s corporate headquarters reports revenue. Serves as the basis for all currency conversion rates.
Conversion Rates
The currency conversion rates between the corporate currency and the multiple currencies used by your organization.Your organization’s administrator maintains these rates.
Personal Currency
A user’s default currency for quotas, certain forecasting versions, and reports. This must be one of the active currencies for your organization. If you use the Forecasts product released in Winter ‘12, your quota amounts display in your display currency.
Active Currency
A currency in which your organization does business. Only active currencies can be entered in opportunities, forecasts,and other items.
Inactive Currency
A currency that your organization no longer uses. You may have existing records that use inactive currencies, but you can’t enter new amounts using inactive currencies.
Record Currency
The default currency for a record. Every record has a Currency field that specifies the currency type for amounts in
that record.

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